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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P 500 Industrials (Sector) (CME:SP500-20)

Crossroads (+60) - SP500-20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-20
Open High Low SP500-20 Price Change
569.64 575.25 567.34 571.28 +1.13
Entry Signal

MarketClub’s Trade Triangles for SP500-20

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 664.92

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 542.89

short term up The short-term trend has been UP since May 18th, 2020 at 509.14

Smart Scan Analysis for SP500-20

Based on our trend formula, SP500-20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP500-20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
569.64 575.25 567.34 571.28 +1.13
Prev. Close Volume Bid Ask Time
505.54 387587374 2020-06-01 16:19:52
52wk High680.8952wk High Date2018-01-29
52wk Low563.0652wk Low Date2018-10-29
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